Vishal Fabrics has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors, which met on May 20, 2026, approved the financial statements along with the re-appointment of key auditors and an independent director.

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹3,564.31 lakh, an increase from ₹2,901.04 lakh in the previous year. On a standalone basis, the net profit for the period was ₹3,217.76 lakh, up from ₹2,383.75 lakh in the corresponding period of the previous year. Revenue from operations for the year rose to ₹1,60,210.98 lakh from ₹1,51,983.40 lakh in FY25.

Financial Performance

The company's total income for the consolidated year ended March 31, 2026, was ₹1,60,325.53 lakh, compared to ₹1,52,143.42 lakh in the prior year. Total expenses for the period were reported at ₹1,56,010.03 lakh. The profit before tax for the year stood at ₹4,315.50 lakh. Basic earnings per share (EPS) for the year increased to ₹1.52 from ₹1.47 in the previous year.

Board Decisions

During the meeting, the Board approved the re-appointment of M/s. A. G. Tulsian & Co, Cost Accountants, as the Cost Auditor for the financial year 2026-27. Additionally, M/s. G B & Co., Chartered Accountants, were appointed as the Internal Auditor for the same period. The Board also approved the re-appointment of Mr. Susanta Kumar Panda as an Independent Director for a second term of five years, subject to shareholder approval.

Corporate Governance

The Board approved the 41st Notice of the Annual General Meeting (AGM) and the Director's Report for the year ended March 31, 2026. The specific date for the AGM will be intimated in due course. The company also confirmed that the statutory auditors issued an audit report with an unmodified opinion on the annual financial results for the year ended March 31, 2026.

Vishal Fabrics has notified the stock exchanges of a forthcoming Board of Directors meeting, scheduled for Wednesday, May 20, 2026, in accordance with Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The intimation was filed on May 12, 2026, and signed by Brijmohan D. Chiripal, Managing Director of the company.

Board Meeting Details

The board meeting is set to be convened at the company's registered office — Shanti Corporate House, beside Hira Rupa Hall, Opposite Landmark Hotel, Bopal-Ambli Road, Ahmedabad — 380058. The key agenda items for the meeting are outlined below:

Trading Window Closure

In compliance with Vishal Fabrics' Code of Conduct for Prevention of Insider Trading, read alongside the applicable provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, the Trading Window for dealing in the company's securities has been closed. The Trading Window will re-open 48 hours after the declaration of the financial results. The company has confirmed that the closure of the Trading Window has been duly communicated to all Designated Persons covered under the Code.

Regulatory Compliance

The board meeting intimation has been filed pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, reflecting the company's adherence to its disclosure obligations. The financial results to be considered at the meeting pertain to the quarter and year ended March 31, 2026, covering both standalone and consolidated accounts of Vishal Fabrics.